1. She began by supporting monetarist economics, but later underwent quite a conversion when she saw how it increased unemployment.

2. She's a convinced monetarist.

3. Monetarist ideas had considerable influence among economics ministers.

4. Financial policy, which deviated increasingly from monetarist orthodoxy, also pursued a more distinct course with Nigel Lawson as Chancellor.

5. Traditional monetarist theory is also dismissive of the need to control local spending.

6. Keynesian and monetarist attitudes towards monetary policy Keynesians and monetarists give very different answers to these questions.

7. This is where the monetarist assumption of an exogenous money supply plays such a vital role.

8. Such monetarist policies meant that employment and interest rates were left to find their own levels in the market place.

9. The great monetarist was part of a panel evaluating a PhD presentation on forecasting growth rates for the U.S. economy.

10. No, the Keynesian and monetarist wizards in the government and Federal Reserve have unleashed a string of deadly blows to the already weakened economy.

11. Twentieth-century macroeconomic theory — both Keynesian and monetarist — championed the idea that a growing economy needs easy credit.

12. The best-known monetarist, Dr. Milton Friedman, says the Fed should expand the money supply at three to five percent a year, the actual figure being less important than the absence of fluctuations.

13. Milton Friedman, a monetarist economist, argued that adjustments were easier in a floating-rate system.

14. In the monetarist model that he practiced, money growth beyond a pre-set point was inflation.

15. A summary of the main tenets of monetarism and the monetarist policy recommendations are summarised at the end of the next chapter.

16. Thus arguments for controlling local authorities' spending would appear to weigh even less powerfully within monetarist theory than in Keynesian arguments.

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17. We shall see that an important feature of both the monetarist approach and our simple model is the so-called augmented Phillips curve.

18. Both rely much more on arguments from first principles than do either the Keynesian or monetarist theories.

19. For the next year and a half, the attainment of the monetarist objectives proved exceptionally difficult.

20. Crowding out Crowding out forms an important argument in the monetarist armoury.

21. The discipline of cash limits was repeatedly disregarded, with political factors often intervening to soften the government's monetarist convictions.

22. This impoverishing definition is even easier to discredit than the monetarist description.

23. As a result, the recession is prolonged indefinitely and the economy does not recover and ceases to respond to any stimulus involving monetarist credit expansions or Keynesian methods.

24. Although this school of thought shares some similarities with the modern monetarist school it is based on the theory of rational anticipation through the negation of Keynes' equalitarian efficiency.

25. The Federal Reserve is empowered by Congress to keep inflation in check, but its definition is even more wanting than the monetarist view.

26. An example of nearly contemporary Roman writing on the subject shows an analysis which Milton Freidman (a famous 20th century monetarist) would have been hard pressed to better.